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Affinity Energy and Health (Affinity Energy and Health) Days Payable : 1,246.51 (As of Dec. 2018)


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What is Affinity Energy and Health Days Payable?

Affinity Energy and Health's average Accounts Payable for the six months ended in Dec. 2018 was $1.45 Mil. Affinity Energy and Health's Cost of Goods Sold for the six months ended in Dec. 2018 was $0.21 Mil. Hence, Affinity Energy and Health's Days Payable for the six months ended in Dec. 2018 was 1,246.51.

The historical rank and industry rank for Affinity Energy and Health's Days Payable or its related term are showing as below:

ALGXY's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 86.82
* Ranked among companies with meaningful Days Payable only.

Affinity Energy and Health's Days Payable increased from Dec. 2017 (424.49) to Dec. 2018 (1,246.51). It may suggest that Affinity Energy and Health delayed paying its suppliers.


Affinity Energy and Health Days Payable Historical Data

The historical data trend for Affinity Energy and Health's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Affinity Energy and Health Days Payable Chart

Affinity Energy and Health Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Days Payable
Get a 7-Day Free Trial Premium Member Only 282.96 238.16 272.24 389.35 31,129.29

Affinity Energy and Health Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 424.49 383.25 1,246.51 -

Competitive Comparison of Affinity Energy and Health's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Affinity Energy and Health's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Affinity Energy and Health's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Affinity Energy and Health's Days Payable distribution charts can be found below:

* The bar in red indicates where Affinity Energy and Health's Days Payable falls into.



Affinity Energy and Health Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Affinity Energy and Health's Days Payable for the fiscal year that ended in Jun. 2019 is calculated as

Days Payable (A: Jun. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2018 ) + Accounts Payable (A: Jun. 2019 )) / count ) / Cost of Goods Sold (A: Jun. 2019 )*Days in Period
=( (1.178 + 1.21) / 2 ) / 0.014*365
=1.194 / 0.014*365
=31,129.29

Affinity Energy and Health's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (1.178 + 1.718) / 2 ) / 0.212*365 / 2
=1.448 / 0.212*365 / 2
=1,246.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Affinity Energy and Health Days Payable Related Terms

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Affinity Energy and Health (Affinity Energy and Health) Business Description

Traded in Other Exchanges
N/A
Address
Unit 2, 100-104 Railway Road, Spectrum Offices, Subiaco, WA, AUS, 6008
Affinity Energy and Health Ltd is a diversified plant-based health and wellbeing company. The company's focus is to produce commercial quantities of algae and medicinal cannabis for Medicinal cannabis, Algae-based nutraceuticals, Animal feed and aquaculture markets, and Biofuels. The group operates in two geographical locations being Australia and USA, Australia being the major revenue generator.

Affinity Energy and Health (Affinity Energy and Health) Headlines

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